Friday, June 12, 2009

FTZ Board Grants Port of Houston Expansion of FTZ #84

The Foreign-Trade Zones Board has published a notice in the Federal Register announcing the result of its consideration of an application, filed Sept.10, 2008, submitted by the Port of Houston Authority, to expand its zone to include six additional sites in the Houston, Texas area. The board therefore is granting authority to expand FTZ #84 as described in the application and Federal Register notice. The grant is subject to the FTZ Act and the board's regulations of a 2,000-acre activation limit for the overall general-purpose zone project and further subject to a sunset provision that would terminate authority on May 31, 2014 for Sites 17 - 22, where no activity has occurred under FTZ procedures before that date.

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